On October 2, 2025, the U.S. Department of Labor issued a new Interim Final Rule (IFR) that significantly revises how Adverse Effect Wage Rates (AEWRs) are calculated for H-2A guestworkers. AEWRs set the minimum hourly wages that must be paid to H-2A workers and those in corresponding employment. This rule introduces major changes affecting wage structures across Farm Credit East’s eight-state region, with important implications for farm operations and labor management.
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Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Proactive Strategies for Business Success: Preparing your business for the long term
If retirement is on the horizon, the sooner you can start thinking about succession planning, the better. Whether your plan is to transition your business to the next generation or a non-family successor, you should be speaking to a consultant or advisor on how to make it a smooth transition.
June 11, 2025
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